[OK & KS] Communication Federal Credit Union $150 Checking Bonus

Offer at a glance

• Maximum bonus amount: $150
• Availability: OK & KS
• Direct deposit required: Yes, $1,500+ within 90 days
• Additional requirements: See below
• Hard/soft pull: Mixed DP
• ChexSystems: Unknown
• Credit card funding: Can fund each account up to $500 (Visa & Mastercard). Might be able to fund more
• Monthly fees: None
• Early account termination fee: Unknown
• Household limit: None listed
• Expiration date: April 30th, 2019

The Offer

Direct link to offer

• Communication Federal Credit Union is offering a bonus of $150 when you complete the following requirements:
  • Use promo code CH19
  • Complete the following requirements within 90 days:
    • Enroll in eStatements
    • Receive a qualifying direct deposits totaling at least $1,500
    • Make 15 debit card purchases of at least $5

The Fine Print

• Offer expires 4/30/2019.
• May not be combined with other offers.
• Member must open using the promo code CH19, enroll in eStatements, have a minimum of $1,500 deposited to the account through qualifying direct deposits¹ and perform 15 debit card transactions of at least $5 within the first 90 days the account is opened.
• Incentive will be paid within 100 days of account opening once qualifications are met and will be deposited into savings account.
• Must be member’s first checking account with CFCU. Members who receive more than $600 in incentives annually will receive a 1099-Misc.
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

They offer a free checking account with no monthly fee to worry about

Early Account Termination Fee

I wasn’t able to find any fee schedule, so I’m unsure if there is any early account termination fee or not.

Our Verdict

They have offered a bonus of $250 late last year. Because a bigger bonus was so recently offered I wouldn’t recommend doing this, I think it makes more sense to just wait for a $250 bonus to hopefully return.

Hat tip to ragormack

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